Category : Consumer Goods and Food and Beverages | Delivery Format : PDF | Status: Forthcoming | Report ID : ARC607
Introduction
Polymer smart bottles help in maintaining the optimum hydration level in the body. Rising health awareness among consumers across the globe is expected to lead the growth of smart bottles market. Different governmental initiatives namely ‘Swachh Bharat Abhiyan’ by Indian government to lower the generation of plastic waste as well as to promote the use of reusable substances are on rise. Various advancements in the field of materials and chemicals have resulted in the production of Bisphenol A (BPA)-free polymer ‘Tritan’, that is being adopted in industries for manufacturing of bottles.
Market Dynamics
The market is expected to catapult owing to the latest technological advancements in the fields of machine learning and internet which has led to the innovative development of certain mobile apps linked to digital watches that provide information to consumer about their daily hydration limits and requisite water intake. These applications play an important role in keeping gymnasts and athletes updated about their hydration levels throughout the day. Rising disposable income and better living standards are expected to drive the global polymer smart bottles market in the coming years. Furthermore, fitness-enthusiasts are also opting for products that enhance their exercising experience, subsequently increasing the demand for polymer smart bottles.
Market Classification
The global smart bottles market is segmented based on type, application, distribution type, and geography. Based on type, the market is segmented into metal, polymer and others. Based on application, the market is segmented into pharmaceutical bottle, water bottle, alcoholic beverage bottle, and others. On the basis of distribution type, the market is segmented into online and offline. Based on geography, the market is divided into North America, Latin America, Europe, Asia-Pacific and Middle East & Africa (MEA). North American region dominated the global market owing to strong technologically advanced manufacturing capabilities and large consumer base. The region is further analyzed to continue its dominance in smart bottles market worldwide. The Asian market is anticipated evolve as one of the key markets for smart bottle manufacturers.
Report Coverage
|
Market |
Smart Bottles Market |
|
Analysis Period |
2015 – 2026 |
|
Historic Data |
2015 – 2016 |
|
Base Year |
2017 |
|
Forecast Data |
2018 – 2026 |
|
Market Stratification |
Type, Application, Distribution Type, Geography |
|
Regional Scope |
North America, Europe, Asia-Pacific, Latin America, Middle East and Africa (MEA) |
|
Report Coverage |
Market Trends, Drivers, Restraints, Porter's Five Forces Analysis, Competitive Analysis, Player Profiling, Value Chain Analysis |
Market Participants
Some of the major players in the global Smart Bottles market include Thermos LLC, Open-2, Ecomo, Caktus, Inc., HydraCoach, Inc., Moikit, LLC, Out of Galaxy, Inc., Hidrate Inc., Trago, Inc., and Groking Lab Limited among others.
Market Segmentation
Market By Type
· Metal
· Polymer
· Others
Market By Application
· Water bottle
· Pharmaceutical Bottle
· Alcoholic Beverage Bottle
· Other Bottle
Market By Distribution Channel
· Online
· Offline
Market By Geography
· North America
o U.S.
o Canada
o Mexico
· Europe
o UK
o Germany
o France
o Rest of Europe
· Asia-Pacific
o China
o Japan
o India
o Australia
o Rest of Asia-Pacific
· Latin America
o Brazil
o Rest of Latin America
· Middle East and Africa (MEA)
o South Africa
o Saudi Arabia
o Rest of MEA
